4. Represents interest income on short-term investments related to the federal agency and government-sponsored mortgage-backed securities portfolio. Return to table

5. The Federal Reserve Bank of Atlanta has overall responsibility for managing the Reserve Banks' provision of check and ACH services and recognizes total System revenue for these services. The Federal Reserve Bank of New York has overall responsibility for managing the Reserve Banks' provision of Fedwire funds transfer and securities transfer services, and recognizes the total System revenue for these services. The Federal Reserve Bank of Chicago has overall responsibility for managing the Reserve Banks' provision of electronic access services to depository institutions, and recognizes the total System revenue for these services. The Federal Reserve Bank of Atlanta, the Federal Reserve Bank of New York, and the Federal Reserve Bank of Chicago compensate the other Reserve Banks for the costs incurred in providing these services. Return to table

6. In October 2008, the Reserve Banks began to pay interest to depository institutions on qualifying balances held at the Federal Reserve Banks. Return to table

7. Reflects the effect of the Financial Accounting Standards Board's Codification Topic (ASC 715) Compensation - Retirement Benefits. The System Retirement Plan for employees is recorded on behalf of the System on the books of the Federal Reserve Bank of New York. Net pension expense for the System, which was $651,850 thousand. is recorded in the books of the Federal Reserve Bank of New York. The Retirement Benefit Equalization Plan and the Supplemental Employee Retirement Plan are recorded by each Federal Reserve Bank. Return to table

8. Includes expenses for labor and materials capitalized and depreciated or amortized as charges to activities in the periods benefited. Return to table

9. Represents the portion of the consolidated LLCs' net income recorded by the Federal Reserve Bank of New York. The amount includes interest income, interest expenses, realized and unrealized gains and losses, and professional fees. Return to table

10. Includes compensation paid by Citigroup, Inc. and Bank of America Corporation for the Federal Reserve Bank of New York's and the Federal Reserve Bank of Richmond's commitments to provide funding support. Costs are reported in "Other deductions." Return to table

11. Represents the economic effect of the interest rate reduction made pursuant to the April 17, 2009, restructuring of the the AIG credit extension. Return to table

12. Includes costs incurred by the Federal Reserve Bank of New York and the Federal Reserve Bank of Richmond related to their commitment to provide funding support to Citigroup, Inc. and Bank of America Corporation. Reimbursement of these costs is reported in "Other additions." Return to table

13. For additional details, see the "Board of Governors Financial Statements" in the "Federal Reserve System Audits" section of this report. Return to table